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Reliance Adds 1.2mil Subscribers in March
By: Sharon Khare   |   Apr 07,2007
Reliance Communications says that it has acquired over 1.2 million wireless subscribers in the month of March 2007 alone verifying a wireless subscriber base of over 30 million customers as on 31st March 2007, across its wireless, wireline, broadband, and national and international long distance businesses.

As on March 31, 2007, Reliance Communications has completed re-verification of 85% of its entire wireless subscriber base, in accordance with the industry-wide requirement from the Department of Telecommunications (DoT) in the interests of national security. In accordance with the DoT's requirements, subscribers that could not be verified at the end of the stipulated period have been deactivated.

However, Reliance Communications does maintain that it will continue its subscriber re-verification initiatives, and customers submitting the requisite complete documentation will be re-activated within 48 hours.

Relaince Communication says that there will be no adverse impact from the re-verification exercise, either on total revenues or profitability, as the de-activated customers did not generate any material revenues in the last quarter.

Reliance Communications' ARPU (average revenue per user) is expected to increase by 12% as a result of the re-verification exercise, making it one of the top 3 players in India in terms of ARPU.
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